Corporate gumshoes turn their sights on job seekers

Firms use new methods to avoid signing another Leeson.

By

Simon Kennedy

February 2, 1998 5:00 p.m. GMT

Appointing the next Nick Leeson or Kyriacos Papouis is the stuff of nightmares for most heads of human resources. So in an attempt to stop their dreams from becoming reality, some investment banks are turning to corporate intelligence firms for assistance in vetting job candidates.

The firms, which count Kroll, Network Securities and Control Risks among their number, are more often in the spotlight for their work in takeover attempts...